Director, Regulatory Compliance

About the position

Mastercard is seeking a Director of Regulatory Compliance to lead its global open banking regulatory compliance team. This role involves managing a team of regulatory compliance specialists and ensuring compliance with US and international regulations related to open banking. The ideal candidate will have a strong background in regulatory compliance management programs, particularly in US open banking and credit reporting regulations. The position requires strategic and tactical thinking to meet business objectives while maintaining compliance with regulatory requirements.

Responsibilities

• Manage a team of regulatory compliance specialists supporting Mastercard's open banking business globally.
• Provide subject matter expertise on operational requirements, policies, and procedures to comply with US regulatory obligations, including 1033, FCRA, and UDAAP.
• Design and implement solutions for regulatory compliance in the US, EU, UK, and other jurisdictions.
• Collaborate with internal stakeholders to design controls for data environments supporting open banking products.
• Manage regulatory supervision and maintain relationships with key regulators.
• Develop and conduct training programs on regulatory obligations and best practices.
• Maintain and update compliance documentation to align with evolving regulatory landscapes.
• Participate in cross-functional workshops to identify and mitigate regulatory risks.
• Track and analyze emerging regulatory trends and provide strategic insights.
• Establish a second-line control assurance framework to evaluate compliance controls.
• Coordinate regulatory examinations and manage responses.
• Manage regulatory licensing applications and renewals.

Requirements

• Bachelor's degree is required; CRCM certification preferred.
• Experience in banking and/or lending regulatory compliance.
• Significant experience as a people leader, ideally in a hybrid environment.
• Strong knowledge of U.S. consumer protection regulations (e.g. FCRA, UDAAP), FFIEC standards, and industry best practices.
• Knowledge of CFPB's 1033 Rule preferred.
• Ability to analyze FCRA implicated data for compliance reviews and audits.
• Experience building compliance management systems and performing compliance risk assessments.
• Ability to thrive in a fast-paced, agile environment.
• Experience managing cross-functional stakeholders in a large, matrixed organization.
• Creative thinker able to support innovation while managing risk.
• Strong analytic capabilities and written and oral communication skills.
• Exceptional interpersonal skills with experience in relationship building.
• Ability to motivate and influence professionals to achieve organizational goals.

Benefits

• Insurance (medical, prescription drug, dental, vision, disability, life insurance)
• Flexible spending account and health savings account
• Paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave)
• 10 annual paid sick days
• 10 or more annual paid vacation days based on level
• 5 personal days
• 10 annual paid U.S. observed holidays
• 401k with a best-in-class company match
• Deferred compensation for eligible roles
• Fitness reimbursement or on-site fitness facilities
• Eligibility for tuition reimbursement
• Gender-inclusive benefits